South Korean cryptocurrency exchange Gopax announced that it is suspending all trading services and transferring all customer assets to cold wallets.
According to an Odaily flash report citing The Block, Gopax said this is a precautionary security measure, prompted by several recent security breaches and data leaks at financial institutions. The report did not specify how long the suspension would last or what arrangements would be made for user withdrawals.
· Gopax platform users are affected, and trading will be unavailable during the suspension.
· Customer assets are being transferred to cold wallets; the report did not disclose the total value of the assets.
Would you first check whether withdrawals are still available, or wait for the platform’s next announcement?
According to an Odaily flash report citing The Block, Gopax said this is a precautionary security measure, prompted by several recent security breaches and data leaks at financial institutions. The report did not specify how long the suspension would last or what arrangements would be made for user withdrawals.
· Gopax platform users are affected, and trading will be unavailable during the suspension.
· Customer assets are being transferred to cold wallets; the report did not disclose the total value of the assets.
Would you first check whether withdrawals are still available, or wait for the platform’s next announcement?
